XAU looks set to push lower from here.
🔴 SHORT $XAU /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 3938.09 – 3942.23
TP1: 3895.26 (-1.1%)
TP2: 3865.32 (-1.9%)
TP3: 3820.41 (-3.0%)
SL: 4000.03 (+1.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.1)
Plan A:
If price falls from the 1h level near 3940 and the 4h trend stays down, it may drop toward 3895. The daily trend is bearish with price below both the 50 and 200 EMAs.
Plan B (invalidation):
If price rallies back above the stop at 4000, the setup is invalid and I would exit.
What level are you watching for XAU shorts?
🔴 SHORT $XAU /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 3938.09 – 3942.23
TP1: 3895.26 (-1.1%)
TP2: 3865.32 (-1.9%)
TP3: 3820.41 (-3.0%)
SL: 4000.03 (+1.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.1)
Plan A:
If price falls from the 1h level near 3940 and the 4h trend stays down, it may drop toward 3895. The daily trend is bearish with price below both the 50 and 200 EMAs.
Plan B (invalidation):
If price rallies back above the stop at 4000, the setup is invalid and I would exit.
What level are you watching for XAU shorts?
